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  1. #1
    Join Date
    Apr 2006
    Posts
    2

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    I received a phone call from a collection agency on 3/10/2006, Associated Receivables, Inc. (ARI) Trying to collect on a vehicle that was purchased in 1996 and returned to the dealership two months after purchase (1996) a volunteer repo. due to faulty transmission and engine. Keep in mind this was in 1996, the vehicle was a 1989 Mercedes 300E.

    They are trying to sue me for $13,000., but advised me if I pay $400.00 down and send payments of $100.00 every two weeks they will reduce the debt to 8500.00.

    I'm not going to mention the names they called me.

    Does this fall in the guide lines of statue of limitations..Georga.

  2. #2
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

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    The statute of limitations would appear to be a six year limitations period covering contracts, which from what you have stated would have expired several years ago.

  3. #3
    Join Date
    Apr 2006
    Posts
    2

    Default

    Thanks Aaron.

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